South Korea’s major cryptocurrency exchange Bithumb has opened Tuesday the decentralized cryptocurrency exchange Bithumb DEX (BGDX).
The BGDX is a Hong Kong-based blockchain enterprise. It teamed up with Singapore’s RNT to open the Bithumb DEX.
The Bithumb DEX is based on RNT’s R1 protocol, which enables cryptocurrency exchanges to share liquidity and data.
The BDEX is also strong in security because all transactions are made in the blockchain.
Investors need to create Etherium-based ‘Metamask’ wallet, to use the BDEX. Mobile BDEX will open after November.